LEAI (Legacy Education Alliance) Change In Inventory: $0.00 Mil (TTM As of Mar. 2024)


What is Legacy Education Alliance Change In Inventory?

Legacy Education Alliance LEAI +20.00% Change In Inventory is $0.00 Mil as of Mar. 2024.

Legacy Education Alliance's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Legacy Education Alliance's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Legacy Education Alliance's change in inventory for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Legacy Education Alliance's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Legacy Education Alliance's Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Legacy Education Alliance's Days Inventory for the quarter that ended in Mar. 2024 was 0.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Legacy Education Alliance's Inventory Turnover for the quarter that ended in Mar. 2024 was 438.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Legacy Education Alliance's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Legacy Education Alliance  (OTCPK:LEAI) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Legacy Education Alliance's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.001/0.438*365 / 4
=0.21

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Legacy Education Alliance's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.438 / 0.001
=438.00

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Legacy Education Alliance's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.001 / 0.133
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Legacy Education Alliance Change In Inventory Related Terms

Legacy Education Alliance Change In Inventory Historical Data

* Premium members only.

The historical data trend for Legacy Education Alliance's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Legacy Education Alliance Change In Inventory Chart

Legacy Education Alliance Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.01 0.00 0.00

Legacy Education Alliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Legacy Education Alliance Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.00 Mil mean?
Legacy Education Alliance (LEAI) has a Change In Inventory of $0.00 Mil as of Mar. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Legacy Education Alliance and its competitors.
Is Legacy Education Alliance's Change In Inventory too high?
Legacy Education Alliance's current Change In Inventory is $0.00 Mil.
How does Legacy Education Alliance's Change In Inventory compare to TAL and EDU?
Legacy Education Alliance's Change In Inventory of $0.00 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Education company?
A good Change In Inventory depends on the Education industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Legacy Education Alliance and its competitors. Legacy Education Alliance's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education Alliance stock overvalued right now?
Legacy Education Alliance (LEAI) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Legacy Education Alliance (LEAI), the current Change In Inventory is $0.00 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legacy Education Alliance Business Description

Address 120 N. Main Street, New City, NY, USA, 10956
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.